Compagnie Lombard Odier SCmA Takes $4.25 Million Position in Kimberly-Clark Co. (NYSE:KMB)

Compagnie Lombard Odier SCmA bought a new stake in shares of Kimberly-Clark Co. (NYSE:KMB - Free Report) during the fourth quarter, according to the company in its most recent filing with the SEC. The institutional investor bought 35,000 shares of the company's stock, valued at approximately $4,253,000.

A number of other large investors have also recently bought and sold shares of KMB. PFG Investments LLC boosted its holdings in shares of Kimberly-Clark by 11.2% during the third quarter. PFG Investments LLC now owns 2,082 shares of the company's stock worth $252,000 after purchasing an additional 209 shares during the last quarter. AE Wealth Management LLC boosted its holdings in shares of Kimberly-Clark by 0.3% during the third quarter. AE Wealth Management LLC now owns 240,819 shares of the company's stock worth $29,103,000 after purchasing an additional 638 shares during the last quarter. Rockline Wealth Management LLC acquired a new stake in shares of Kimberly-Clark during the fourth quarter worth $1,661,000. Nordea Investment Management AB boosted its holdings in shares of Kimberly-Clark by 28.3% during the fourth quarter. Nordea Investment Management AB now owns 1,671,948 shares of the company's stock worth $202,740,000 after purchasing an additional 368,505 shares during the last quarter. Finally, Aspire Private Capital LLC boosted its holdings in shares of Kimberly-Clark by 5.0% during the third quarter. Aspire Private Capital LLC now owns 5,085 shares of the company's stock worth $615,000 after purchasing an additional 240 shares during the last quarter. Institutional investors and hedge funds own 74.38% of the company's stock.

Kimberly-Clark Stock Up 0.1 %

NYSE:KMB traded up $0.12 during mid-day trading on Friday, hitting $124.93. The company had a trading volume of 1,440,430 shares, compared to its average volume of 2,238,138. The business has a fifty day simple moving average of $122.33 and a 200-day simple moving average of $121.98. The company has a current ratio of 0.82, a quick ratio of 0.54 and a debt-to-equity ratio of 6.94. Kimberly-Clark Co. has a 1 year low of $116.32 and a 1 year high of $147.87. The firm has a market capitalization of $42.09 billion, a price-to-earnings ratio of 24.03, a PEG ratio of 3.93 and a beta of 0.40.

Kimberly-Clark (NYSE:KMB - Get Free Report) last announced its earnings results on Wednesday, January 24th. The company reported $1.51 earnings per share for the quarter, missing the consensus estimate of $1.53 by ($0.02). The business had revenue of $5 billion for the quarter, compared to analyst estimates of $4.99 billion. Kimberly-Clark had a net margin of 8.63% and a return on equity of 260.47%. The firm's revenue was up .7% on a year-over-year basis. During the same quarter in the prior year, the business earned $1.54 earnings per share. Equities analysts forecast that Kimberly-Clark Co. will post 6.83 earnings per share for the current fiscal year.

Kimberly-Clark Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, April 2nd. Stockholders of record on Friday, March 8th will be paid a dividend of $1.22 per share. The ex-dividend date is Thursday, March 7th. This is an increase from Kimberly-Clark's previous quarterly dividend of $1.18. This represents a $4.88 annualized dividend and a dividend yield of 3.91%. Kimberly-Clark's dividend payout ratio (DPR) is currently 93.85%.

Insider Activity

In related news, insider Tristram Wilkinson sold 3,720 shares of Kimberly-Clark stock in a transaction dated Friday, January 26th. The stock was sold at an average price of $121.00, for a total value of $450,120.00. Following the completion of the transaction, the insider now directly owns 17,229 shares in the company, valued at $2,084,709. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. In other news, Director Mark T. Smucker purchased 827 shares of the firm's stock in a transaction that occurred on Monday, January 29th. The stock was acquired at an average cost of $120.98 per share, for a total transaction of $100,050.46. Following the completion of the purchase, the director now owns 827 shares of the company's stock, valued at $100,050.46. The purchase was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, insider Tristram Wilkinson sold 3,720 shares of Kimberly-Clark stock in a transaction dated Friday, January 26th. The stock was sold at an average price of $121.00, for a total value of $450,120.00. Following the completion of the transaction, the insider now owns 17,229 shares of the company's stock, valued at $2,084,709. The disclosure for this sale can be found here. Insiders own 0.67% of the company's stock.

Analyst Upgrades and Downgrades

KMB has been the topic of several analyst reports. Bank of America cut Kimberly-Clark from a "neutral" rating to an "underperform" rating and decreased their price objective for the stock from $135.00 to $115.00 in a report on Friday, December 15th. Barclays cut their target price on Kimberly-Clark from $128.00 to $124.00 and set an "equal weight" rating on the stock in a research report on Friday, January 26th. StockNews.com lowered Kimberly-Clark from a "buy" rating to a "hold" rating in a research report on Friday, March 15th. JPMorgan Chase & Co. increased their target price on Kimberly-Clark from $119.00 to $125.00 and gave the stock an "underweight" rating in a research report on Thursday, January 18th. Finally, Royal Bank of Canada cut their target price on Kimberly-Clark from $125.00 to $123.00 and set a "sector perform" rating on the stock in a research report on Thursday, January 25th. Three equities research analysts have rated the stock with a sell rating, eight have given a hold rating and two have issued a buy rating to the company's stock. According to data from MarketBeat, Kimberly-Clark presently has an average rating of "Hold" and an average price target of $130.36.

About Kimberly-Clark

Kimberly-Clark Corporation, together with its subsidiaries, manufactures and markets personal care and consumer tissue products in the United States. It operates through three segments: Personal Care, Consumer Tissue, and K-C Professional. The company's Personal Care segment offers disposable diapers, training and youth pants, swimpants, baby wipes, feminine and incontinence care products, reusable underwear, and other related products under the Huggies, Pull-Ups, Little Swimmers, GoodNites, DryNites, Sweety, Kotex, U by Kotex, Intimus, Thinx, Poise, Depend, Plenitud, Softex, and other brand names.